ASICS Co. (OTCMKTS:ASCCF – Get Free Report) was down 7.6% during mid-day trading on Monday . The company traded as low as $23.5725 and last traded at $23.5725. Approximately 283 shares traded hands during mid-day trading, an increase of 2% from the average daily volume of 277 shares. The stock had previously closed at $25.50.
ASICS Trading Down 7.6%
The stock’s fifty day simple moving average is $24.52 and its two-hundred day simple moving average is $25.44.
ASICS Company Profile
ASICS Corporation is a Japanese multinational corporation specializing in the design, manufacture and marketing of athletic footwear, apparel and accessories. Headquartered in Kobe, Japan, the company was founded in 1949 by Kihachiro Onitsuka under the name Onitsuka Co, Ltd. It adopted the ASICS name in 1977, an acronym derived from the Latin phrase “Anima Sana In Corpore Sano” (“A Sound Mind in a Sound Body”), reflecting its long-standing commitment to promoting healthy living through sport.
The company’s primary business activities encompass research, development and production of performance-driven running shoes, cross-training sneakers, sportswear and related accessories.
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